The Constitutional Approach to Money: Monetary Design and the Production of the Modern World

@article{Desan2015TheCA,
  title={The Constitutional Approach to Money: Monetary Design and the Production of the Modern World},
  author={Christine Desan},
  journal={Legal History eJournal},
  year={2015}
}
  • Christine Desan
  • Published 2015
  • Economics
  • Legal History eJournal
  • In the modern lexicon, money is pure instrumentality, a colorless medium that transparently expresses real value. Contrary to that trope, however, we can get “inside” money: we can reconnoiter it as a structure entailing value that is engineered by certain societies. Taking a “constitutional approach” to money reveals its internal design, the architecture that creates a commensurable unit of value, enables it to travel, and enforces it as the preeminent way to pay. Seeing money’s internal… CONTINUE READING
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